There is NOTHING in the past or present financials, business performance or realistic future technology prospects of Mobileye (NASDAQ:MBLY) that would get it within miles of justifying its current $12 billion market cap.

Mobileye's management is riding the hype cycle of the "self-driving car" story, a decades-long high-stakes technology bet which the operators of this small fabless chip manufacturer know they can never be a serious player in.

Investing in this company is a losing bet on a blue-sky future that just does not exist. This is not merely the opinion of Citron– it is the actions of management who have spoken with their dollars —loud and clear — selling stock more aggressively than Citron has ever witnessed — as documented in this report.

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/wp-content/uploads/2017/05/CitronLogo2017-350x65-1.png00Citron Research/wp-content/uploads/2017/05/CitronLogo2017-350x65-1.pngCitron Research2015-09-09 08:54:452017-05-29 05:06:42Mobileye: Price Target $25 near term -- on the way to $10 -- Just Follow the Money